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0 point   posted on 08/14/08
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Bull
47%
+4.30%
 risk: aggressive

Ford & GM


Ford & GM - have they bottomed yet?

Will they drop further? especially ford ...

  Related to:  
F Ford Motor Company


Comments (12)

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Gekko
Walter Thatcher   74%     1 point   commented 464 days ago reply

This is not a bottom. It's a temporary rally due to lower crude prices and refusal to believe that the consumer is tapped out. Avoid these companies. They are bad businesses with deteriorating economics.

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j.matt   N/A     1 point   commented 464 days ago reply

def not a bottom. sentiment is up for gm (http://www.predictwallstreet.com/forecast.aspx?symbol=GM) and with there new line of fuel efficient cars coming out this fall i think well see a rally.

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Rex
Daniel Iriarte   54%     0 point   commented 452 days ago reply

I think that it´s a moment for buy

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Jpeg_sun4agk
Locationh   61%     1 point   commented 452 days ago reply

I owned F back when it was paying her old dividend and sold CC on her which I let go and I am glad of that. Between GM and F I would chance cash to burn on F. GM seems to have more financial ghost then F.

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clfeige   21%     1 point   commented 452 days ago reply

Ford has changed it's business model and i believe it will be make a great turnaround. Instead of makig cars all over the world, they are going to make a general car based on their fuel efficient European models (that have already proven successful) and will distribute them to to be finished with all the plasitcs and interiors localy.

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Newsmonkey
newsmonkey   71%     1 point   commented 451 days ago reply

no way have they bottomed!

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traderdrew   51%     1 point   commented 446 days ago reply

problems should continue for these two

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86_edited
gene fleszar   62%     1 point   commented 446 days ago reply

if your looking for a bottom you are dreaming. the market will change spend your money on books or a advisory service that will tell you when to get in, Gene

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traderdrew   51%     1 point   commented 436 days ago reply

oil seems to help but the underlying problems in the american auto industry will remain

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loneranger   38%     1 point   commented 426 days ago reply

McCain has mentioned that he was in favor of bailing out the auto companies.. which is crap but if it happens will drive these stocks up hard

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Gekko
Walter Thatcher   74%     1 point   commented 424 days ago reply

These companies are ratholes. GM is so lucky that they are now on the no-short list. Wait until they declare bankruptcy, then invest when they re-emerge.

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Money
abates   N/A     1 point   commented 424 days ago reply

The economy will be slow for a long time and the dollar will get progressively weaker. Those two offset but based on the size of the American market I expect more bad news to come


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